India Ultrapure Water Market Forecast 2022-2028
KEY FINDINGS
The India ultrapure water market is expected to rise with an 8.88% CAGR during the forecast period, 2022-2028. Some key factors for market growth in the country include the booming pharmaceutical sector and accelerating semiconductor manufacturing plants.
MARKET INSIGHTS
Large amounts of water are used to produce semiconductor devices for their surface cleaning and cooling equipment. As all fabrication requires, many process steps call for a lot of ultrapure water. Further, the semiconductor market has shown steady growth over the past few years. The demand for ultrapure water is indicated to increase from the semiconductor industry owing to these factors, which is expected to supplement the India ultrapure water market growth during the forecast period.
Additionally, power companies in India use large amounts of ultrapure water. City water, a nearby river, or even seawater can be processed to create ultrapure water. Moreover, as per India Brand Equity Foundation, Indian drug & pharmaceutical exports generated over $2000 million in June 2022. Hence, growth in the pharmaceutical industry is expected to increase the demand and adoption of ultrapure water to manufacture pharmaceutical drugs. Moreover, the government’s supportive strategies to expand the semiconductor market also promote India’s market growth.
COMPETITIVE INSIGHTS
Leading companies include Membrane Group India Pvt Ltd, Asahi Kasei Corporation, Thermax Ltd, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Scope Of Study
- 1.3. Methodology
- 1.4. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Country Snapshot
- 2.3. Country Analysis
- 2.4. Key Growth Enablers
- 2.5. Key Challenges
- 3. Key Analytics
- 3.1. Impact Of Covid-19 On Ultrapure Water Market
- 3.2. Key Market Trends
- 3.3. Porter’s Five Forces Analysis
- 3.3.1. Buyers Power
- 3.3.2. Suppliers Power
- 3.3.3. Substitution
- 3.3.4. New Entrants
- 3.3.5. Industry Rivalry
- 3.4. Opportunity Matrix
- 3.5. Pestle Analysis - India
- 3.6. Value Chain Analysis
- 3.7. Key Buying Criteria
- 3.7.1. Purity
- 3.7.2. Resistivity
- 3.7.3. Technology
- 3.7.4. Water Serving The Purpose
- 3.8. Regulatory Framework
- 4. Market By Application
- 4.1. Cleaning
- 4.2. Etching
- 4.3. Ingredient
- 4.4. Other Applications
- 5. Market By End-user
- 5.1. Semiconductors
- 5.2. Pharmaceuticals
- 5.3. Power Generation
- 5.4. Other End-users
- 6. Competitive Landscape
- 6.1. Key Strategic Developments
- 6.1.1. Mergers & Acquisitions
- 6.1.2. Product Launches & Developments
- 6.1.3. Partnerships & Agreements
- 6.1.4. Business Expansions & Divestitures
- 6.2. Company Profiles
- 6.2.1. Asahi Kasei Corporation
- 6.2.2. Membrane Group India Pvt Ltd
- 6.2.3. Merck Millipore
- 6.2.4. Pall Corporation
- 6.2.5. Thermax Ltd
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